Former Activision CEO Bobby Kotick has expressed interest in buying TikTok amid talks of banning the app in the United States due to its Chinese ownership. Legislation has been introduced to force ByteDance to sell TikTok within 6 months or face a ban.
Key Points
Bobby Kotick's interest in buying TikTok
Legislation introduced to force ByteDance to sell TikTok
National security concerns over foreign-owned apps
Pros
Potential acquisition of a popular social media platform
Opportunity for Bobby Kotick to enter a new industry
Cons
High cost of acquisition
Potential national security risks associated with foreign ownership